Sureth

Sureth is an economic concept referring to a state where consumers and businesses have limited or no ability to adjust their behavior in response to price changes or economic shifts. In such conditions, prices and wages tend to be sticky or slow to change, which can influence market outcomes like inflation, unemployment, and the overall economy. Recognizing Sureth helps economists understand why some economies experience persistent issues despite monetary or fiscal policy efforts, highlighting the importance of structural factors and expectations in economic stability.